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[W760]Why Companies Go Public
by David Mattins, Dav
As the weather changes every day, your everyday routine changes as well. You might think it doesn't concern you since you're only worried about your business, but you should be aware that an environmental change can also affect your business too. It is very important that each individual must do their part and help protect our resource for the future generation. Sadly, not everybody thinks that way.

People may be apathetic when it comes to these things, but that doesn't mean that you and your business will do the same as well. Since many companies and industries are now opting to go green, it's high time you will follow suit as well.

Going green with your cleaning business will bring benefits to you, to your staff, and also to your clients. Majority of the businesses are substituting their brand cleaning products to green clean products to reduce the risk of global warming. Also, some companies provide clean green and environmentally friendly techniques to cleaning. Let's face it: everyone is doing it; it's safer and helpful.

So what does it take for your company to become environmentally involved in this process? A lot. Once you decide to switch to becoming a green cleaning company, you can become a certified LEED building. Becoming one of LEED (Leadership in Energy and Environment Designs) would mean that as an owner of that said building, you have joined the ranks of the environmental leaders. This would guarantee you that your clients, who are also into environmental and green-friendly changes, would also ask for more of your services, and would prefer your environmentally sound practice and daily cleaning routines than those other companies.

Clients who are not so used to these kind changes, will naturally get used to it once you explain the practices, methods, and the reason behind a green cleaning business. Let your clients know that using environmentally friendly cleaning products is healthier for cleaning staff and the building occupants. Studies show that using such products and methods result in healthier staff and increased productivity rate and efficiency.

Clean and improved indoor air quality is one of the changes of a green cleaning method. Besides that one, it lessens the possibility of fires, spills, and explosions. Having a clean surrounding will ensure safety among the employees of the building.

Having incorporated the clean green cleaning practices, your business will boost more profits than the traditional cleaning companies. Nowadays, green practices are gaining competition from other conventional businesses. And since there are some companies who prefer green cleaning approaches, there is a chance that your business may grow bigger and more profitable than you have ever imagined.

Opting for this big change can actually save you more money by using environmentally safe cleaning products. You are not only helping your business become successful, but you are also helping your employees, and your clients work in a healthy, safety room. But more importantly, you are giving yourself the chance to save the world in small ways.

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It's a really bad idea to do a reverse merger with a public shell corporation. The SEC has made some adjustments that have made public shell corporations nearly obsolete. In these economic times, it's much more difficult to get a buy a public shell, and the sellers of the shell many times cannot meet the standards when they are reviewed by the buyer. This is a process that the buyer can go through spending thousands of dollars on and end up with the transaction falling through completely.

If the seller of the shell doesn't comply with the buyers requests and supply the documents necessary to sell their shell to the buyer. If the shell company cannot meet the buyers requests, they will not satisfy the due diligence requests of the buyer, and therefore it will not work. As you can see, this situation is very undesirable and only prolongs the process of going public.

Reverse mergers, or RTO's (Reverse Takeover) as a way of going public is something all companies should avoid at all costs. Filing a registration statement (typically an S-1 registration statement) with the SEC is a much more advantageous than a merger with a publicly traded company:

A. By filing a registration statement, it allows you to structure your company as you prefer. If you decide to merge with a publicly traded company or shell corporation, you must accept a shareholder base that you are not familiar with and who may sell shares into the market at an unfavorable time.

B. Using a reverse merger to become a publicly traded company rather quickly used to be one of its advantages. This is no longer true, because SEC rules now require that you have your financial statements audited when doing the merger. Prior SEC rules gave you 75 days to have the financial statements prepared. Also, the document which must be filed to report the reverse merger (Form 8-K) must now have the same exact information as the registration statement.

C. Costs are now much more substantial than they used to be. An OTC trading company will demand as much as $750,000 for the reverse takeover process. There are other ways to complete the process of taking your company public for $100k or less, with a small amount of stock included in the deal.

Being a publicly traded company can help a company grow in many ways. The best way to accomplish this is to do it without using a public shell or a reverse merger. Any company has the ability to go public, and with the new SEC rules in effect it makes much more sense to file the S-1 registration statement than to use other methods. It's easy to see how the costs alone can really make this an easy decision.
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Both David Mattins & Jason Wilson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

David Mattins has sinced written about articles on various topics from Tattoo, Small Business and Cleaning Business. David Mattins, Author of . David Mattins's top article generates over 18100 views. to your Favourites.

Jason Wilson has sinced written about articles on various topics from Finances, Credit Cards and Marketing. For information on taking your company public without a or a. Jason Wilson's top article generates over 8100 views. to your Favourites.
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